Schlagwort: crypto business

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NEAR token skyrockets as NEAR Wallet Selector goes live: here’s where to buy NEAR

Web3 users who want to use their wallet of choice to interact with the NEAR blockchain now have a wide variety of options.

Wallet Selector, an intuitive pop-up that allows users to choose their preferred wallet, has gone live. The NEAR token gained 23% as a result.

This brief guide has everything you need to know about the NEAR Protocol and coin, including whether and where to buy NEAR if you choose.

Top places to buy NEAR now

Okcoin

Okcoin is a globally licensed exchange with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan. Okcoin’s mission is to help decentralize finance and level the economic playing field for everyone around the world. Serves 190+ countries with over 100K+ active traders and investors.

Buy NEAR with Okcoin today

OKEX

OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology.

Buy NEAR with OKEX today

What is NEAR?

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability.

This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. 

NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

Should I buy NEAR today?

NEAR can definitely be worth investing in if your timing is right. Unfortunately, this is often impossible to know in advance. Any investment decision should take your risk tolerance into account. Don’t take any price predictions at face value.

NEAR price prediction

Wallet Investor expects a long-term increase. NEAR will trade for $62.45 in April 2027. A 5-year investment will generate revenue of around +227%. If you invest $100 in it now, it may be up to $327 in 2027.

NEAR on social media

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You can buy Kava, up 10% on successful ETH Alpha testnet: here’s where

Kava’s Ethereum co-chain Alpha testnet was very successful. It produced just under 400,000 blocks and processed more than 162,500 EVM transactions between 12,000+ wallet addresses with no downtime at all, Kava wrote in a post on Medium today.

Look no further than this short article for all the details about Kava: what it is, is it worth investing in, and the best places to buy Kava now.

Top places to buy Kava now

As KAVA is such a new asset, it’s yet to be listed on major exchanges. You can still purchase KAVA using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy KAVA right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the Uniswap DEX

Head to Uniswap, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for KAVA

Now that you’re connected, you’ll be able to swap for 100s of coins including KAVA.

What is Kava?

Kava is a Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos. It uses developer-optimized co-chain architecture.

The Cosmos co-chain enables the lightning-speed Tendermint consensus engine and IBC (Inter Blockchain Communication), while the Ethereum co-chain enables support for EVM smart contracts.

A translator module connects these two co-chains, allowing them to interoperate seamlessly. Kava has brought the two most used blockchain development environments together in a single, scalable network.

The KAVA token is the Kava Network’s native governance and utility token. Validators can stake it or delegate it to nodes.

Should I buy Kava today?

Kava can be a lucrative investment, but take the time to read at least several price predictions from leading analysts and do market research before making a commitment. Take all investment advice with a grain of salt.

Kava price prediction

CryptoNewsz predicts the Kava.io price can increase from $4.89 to $9.13 on average this year, which is almost 100%. In 2023, Kava will trade in the range of $10-$12. The highest it can go to that year is $12.81.

In 2024, CryptoNewsz expects bullish momentum. Kava will start the year around $12 and might reach an all-time high of just under $15.   

Kava on social media

The post You can buy Kava, up 10% on successful ETH Alpha testnet: here’s where appeared first on Coin Journal.

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Anchor Protocol shed almost a tenth of its value: is it time to buy the ANC dip?

After an extended rally ANC, the 93rd biggest coin by market cap, is starting to reverse gains. It had lost almost 10% at the time of writing.  

If you want to know what ANC is, can it give you good returns, and the top places to buy ANC, you’ve come to the right place.

Top places to buy ANC now

KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Buy ANC with KuCoin today

What is ANC?

Anchor Protocol is a lending and borrowing protocol on Terra, which offers a high yield on stablecoin deposits. The surge in stablecoins’ popularity led to a corresponding surge of the ANC token price. These gains are now starting to recede.

On Anchor, borrowers can turn LUNA collateral into productive assets without relinquishing control. Lenders can deposit their UST and earn attractive rates on their investments while benefiting from low volatility at the same time.

Anchor Protocol has attracted risk-averse investors looking for stable and high-yield investments, increasing demand for Terra’s stablecoin UST. This promotes the adoption of UST and subsequently the adoption of the whole Terra ecosystem in DeFi. 

Should I buy ANC today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also, consider how you would feel about losing money.

ANC price prediction

According to Coin Quora, the bullish ANC price prediction ranges from $2.89 to $5. They are positive on its trajectory, predicting it could reach $10 soon. The bearish ANC price prediction is $1.32 for 2022. It’s currently around $3.   

ANC on social media

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Polygon (MATIC) eyes new all-time highs – Can it actually do it?

Polygon Logo on a mobile phone screen

Many coins are experiencing a mixed start to April. Polygon (MATIC) in particular, appears to be losing momentum after a strong push at the end of last month. But despite this, the altcoin is still eying some all-time highs in the near term. Here are all the facts you need to know:

  • MATIC still remains within a crucial demand zone despite falling 8% in 24 hours.

  • Technical indicators suggest that a surge towards $2 is highly likely this week.

  • This could open up a door for a new all-time high of $3 in the near term.

Data Source: Tradingview 

Polygon (MATIC) – The road to ATHs

Hitting $3 may have seemed inconceivable for MATIC a few weeks ago. The coin was really struggling to find any upward momentum. But things have really turned around. At one-point MATIC was in fact testing $2 albeit it has since fallen ever since.

But even with this slowed uptrend, the coin is now between a crucial demand zone of between $1.44 and $1.55. If bulls are able to maintain the price within this range, it is likely that MATIC will break out and race towards $2 again in the coming days.

The key thing after this would be to see just how long the price can stay above $2. If we see a sustained push above $2, it will only be a matter of time before MATIC smashes $3, setting a new all-time high in the process. This thesis will however be invalidated if the price closes below $1.44.

Is MATIC a good buy now?

As long as MATIC remains within the demand zone listed above, we believe it has a lot of upward momentum. It would therefore make sense to buy it and exit at around $2. Long-term investors can also grab MATIC right now before they are priced out in the coming rally.

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What is making Avalanche’s AVAX price rise as majority of cryptocurrencies dip?

Avalanche’s AVAX price is rising at a time when its peers are on a week’s long dip. Avalanche made a sudden surge and hit a daily high of $90.05 before pulling back to around $87.77 at the time of writing.

AVAX is still trading in the green with a 1.67% gain in the last 24 hours.

So, what are the factors behind the current Avalanche price surge? This article delves into explaining the behind-the-scenes causing the price of AVAX to rise when a majority of coins including Bitcoin, and Ethereum are in the red.

Why is Avalanche price ricing?

The reason for today’s Avalanche price surge is Terra Luna Foundation’s announcement that it has added Avalanche (AVAX) to its UST Reserve. Terra went ahead and bought AVAX coins worth $100 million.

The move made Avalanche the second larger 1 solution digital asset to be added to the UST Reserve with the first being Bitcoin.

Terra Luna Foundation made the revelation through a Tweet stating:

Besides, adding Avalanche to its UST Reserve and buying AVAX coins, Terra has also partnered with Avalanche to develop a new gaming subnet using Avalanches subnets. Terra Luna Foundation bypassed Ethereum to choose Avalanche since they believe Avalanche is experiencing rapid growth and it has a wide fan base.

Don Kwon, who is the founder of Terra said:

“Avalanche is still a growing ecosystem…a lot of it is fueled by loyalty to the AVAX token and users feel a lot of affinity with an asset that aligns itself with AVAX. Whereas for the average Ethereum user, aligning yourself with Ether doesn’t really mean that much.”

The team at Terra Luna Foundation also went ahead and tweeted about Terra collaborating with Avalanche on the new gaming subnet stating that “Avalanche’s subnets are a powerful method for building the next generation of scalable Web3 applications within niche use cases.”

The above developments have brought the recent AVAX price drop to a halt and made it start rising; something most investors believe could be witnessed for at least the next few days if not weeks.

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